Apple delivered the first of several planned software updates to its Apple TV today, adding support for Google’s widely popular YouTube video sharing website.

YouTube members can also log-in to their YouTube accounts on Apple TV to view and save their favorite videos.

And not to miss out on the YouTube craze, Apple said it has designed a new application for iPhone that will wirelessly stream YouTube’s content over Wi-Fi or EDGE networks. The software will be included with each iPhone when it goes on sale June 29th.